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The Fed Predicts Housing Rush To The Exit


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2013 Oct 22, 6:09am   26,605 views  56 comments

by gregpfielding   ➕follow (2)   💰tip   ignore  

http://www.bayarearealestatetrends.com/2013/10/fed-predicts-housing-rush-exit/

"Historically, as home prices rise, more sellers are enticed to put their homes on the market. This time, however, something is different. Prices have risen dramatically over the last 18 months, yet housing inventory has fallen. This isn’t how things are supposed to be.

The important question is why. The answer will largely tell us what’s next for the housing market."

#housing

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52   gregpfielding   2013 Oct 28, 9:05am  

David9 says

Mr. Fielding I believe is a Realtor. I personally do not expect him to communicate as a NASA Scientist.

Ok with me. I would think people come to this website in an attempt to make sense of this current,

complex, economic environment.

Trying.

David9 says

I just want to say I think condescending behaviour on this site inhibits communication and the learning process

as well as creating a hostile, uncomfortable, fearful environment.

I've been on here for years and Patrick has regularly shared links to articles I've written. I can take the heat.

You are absolutely correct that there are probably dozens of lurkers here who would like to contribute but don't want to deal with potential attacks.

53   gregpfielding   2013 Oct 28, 9:08am  

tatupu70 says

Except that's not true. The foreclosure pipeline has been very much depleted and in CA isn't that far above norms now.

Not sure what you mean? I said the foreclosure pipeline was depleted. Do you mean not that far above normal foreclosure numbers?

54   David9   2013 Oct 28, 9:14am  

gregpfielding says

You are absolutely correct that there are probably dozens of lurkers here who
would like to contribute but don't want to deal with potential attacks.

Yes! And that is lost knowledge.

"Information is not knowledge"
Albert Einstein

55   tatupu70   2013 Oct 28, 9:25am  

gregpfielding says

Not sure what you mean? I said the foreclosure pipeline was depleted. Do you
mean not that far above normal foreclosure numbers?

I think I misunderstood you. I was thinking you were implying that there were properties remaining to be foreclosed. Now I think you meant that people refinanced so they won't need to be foreclosed.

Is that correct?

56   New Renter   2013 Oct 28, 11:34am  

egads101 says

I find giving my excellent advice out for free, plus calling lots of people fucktards and nitwits on here quite cathartic;

Can't really do either during the day gig :-)

Isn't that the archetypical job description of a college instructor?

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